Japan 225
$JPY Index vs $NIKKEINote the Lows vs Highs Divergence while Instruments Inverse Correlated - Point of Reference mid 2016 when the #BTFD first introduced..
NIKKEI Sell Setup By Wave AnalysisHI Guys Buyers please be attention Sell move is coming very soon look for short when market touch upper trend line. Don't forget to move SL at break even when market reach at lower trend line. i'll update this chart by time by time hope For the Best Cheeers :)
NIKKEI225 H4/DAILY TRADE (SELL)Hello, traders!
NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume.
Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts.
GL All!
$Nikkei Breaking above 30 year old TLIf & when above supply zone, IHH&S PO at 35000 area $NKY, $NK1!
NI225 Short : It ain't over until it is overNikkei is proving to be very strong and could well want to move beyong 20,000. Until then, next stop short under 20,000.
Nikkei Daily OutlookHey Guys,
Hope everybody is going fine. We have here a short daily outlook of the Asian index.
We are expecting Nikkei to drop to around 18368.02. From there we will expect higher Nikkei to eventually break above all time high and higher.
As we are expecting U.S. equities to drop at least one leg lower. We wouldn't like buying nikkei as of for right now. Asian and European indices are likely following the path of the U.S. equities. That's why be careful with long position for the midterm!
Hope that helps and always use a stop loss and never risk more than 0.5% per trade.
Cheers
Nikkei 225 Trading IdeaPrice reached the strong resistance level 20000. MACD histogram starts falling and RSI shows that the market is overbought. It's a signal that the market is going to reverse and we'll see down movement. Entry level for possible short trades should be below 19800 with stop orders above 20000 level. Profit target is at 19000 level.
NI225 Short : Near Resistance HighsPrice needs to close above the recent highs to turn the trend to up given we have a higher low. Bias short until then.
USDJPY: Trend is up nowI think we can be more or less sure that the trend has now turned up on this pair. I'm holding longs, although I had closed earlier, I reentered when turning up for the day today, after we made a new daily low. That was a good cue for a potential short term bottom.
I like the VIX key levels on this pair, I have talked about this in the past. For more information, check Tim West's publications.
If you're long, hold and trail stops gradually.
Good luck!
Ivan Labrie.
AUDJPY Ready for a Sell OffAUDJPY has been in a downtrend for sometime now. We rejected the .618 fib level of the last leg and broke back thru support/resistance of 83.7. We're now looking for a retest of this level of the 1/4 hour and going to sell into potential new lows. Read my article about making 50% returns below.
anyhows.com
USDJPY to Resume LowerThe USDJPY has been in a downtrend on the daily chart and held the 112 area 3 times. We have now retested that level and at the .886 fib level of the last leg. Also, we closed as a daily pin bar as well. I am short now expecting prices to reach new lows, but will keep my profit target open. If you're interested in signals email me at adrielarrasmith@gmail.com. Also, read my article below about 50% returns a year investing in some small funds I found,
anyhows.com
Sell USDJPYOver the weekend we gapped into the area of 110.5 where we have trendline resistance, previous structure and the .618 fib level. I got short at 110.4, which I closed out earlier. I am now short again at 109.8 with a stop at 109.99. Expecting further downside. Check out some of my finance articles including one I just wrote about a Forex hedge fund @ anyhows.com
USDJPY: Bottom's in...as wellThis is an update to my previous $USDJPY publications. We are long, after averaging in for 4 days, starting the day of the exact low, with a cost basis of 108.66, holding a 33% account long position.
I think we can resume the rally, and get an uptrend of proportions similar to the one that took place after the presidential election in the US.
I'll be looking to add short term entries, applying multiple trend following proprietary strategies that we use to better leverage trends while they last. If you're already in, try to be patient and hold, after we surpass the red resistance zone we have a lot of upside in this pair.
Good luck!
Ivan Labrie.
Nikkei (JP225USD)Japan has been in a channel since the end of 2016, after the break of a wedge formation on the 12/03/17 coupled with a SAR swap and a fall outside the Keltner further bearish movement has been expected. This was tested on the 11/04/17 as the Nikkei convincingly closed outside of the channel. Today we have had confirmation of that break out.
